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Q:

What is the difference (in Rs) in Compound interest earned in 1 year on a sum of Rs 25,000 at 20% per annum compounded semi-annually and annually?

A) 125 B) 250
C) 500 D) 375
 
Answer & Explanation Answer: B) 250

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Filed Under: Compound Interest - Quantitative Aptitude - Arithmetic Ability
Exam Prep: Bank Exams

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Q:

A certain bank offers 8% rate of interest on the 1st year and 9% on the 2nd year in a certain fixed deposit scheme. If Rs 17,658 are received after investing for 2 years in this scheme, then what was the amount (in Rs) invested?

A) 16000 B) 15000
C) 15500 D) 16500
 
Answer & Explanation Answer: B) 15000

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Filed Under: Simple Interest - Quantitative Aptitude - Arithmetic Ability
Exam Prep: Bank Exams

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Q:

If the compound interest for the 3rd and 4th year on a certain principal is Rs 125 and Rs 135 respectively, what is the rate of interest (in %)?

A) 9 B) 10
C) 8 D) 12
 
Answer & Explanation Answer: C) 8

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Filed Under: Compound Interest - Quantitative Aptitude - Arithmetic Ability
Exam Prep: Bank Exams

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Q:

In 2 years at simple interest the principal increases by 8%. What will be the compound interest earned (in Rs) on Rs 10 lakhs in 2 years at the same rate?

A) 86000 B) 81600
C) 90000 D) 94000
 
Answer & Explanation Answer: B) 81600

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Filed Under: Simple Interest - Quantitative Aptitude - Arithmetic Ability
Exam Prep: Bank Exams

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Q:

Excluding stoppages, the speed of a bus is 80 kmph and including stoppages, it is 60 kmph. For how many minutes does the bus stop per hour?

A) 12 B) 15
C) 18 D) 20
 
Answer & Explanation Answer: B) 15

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Filed Under: Time and Distance - Quantitative Aptitude - Arithmetic Ability
Exam Prep: Bank Exams

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Q:

Two bikers A and B start and ride at 75 km/hr and 60 km/hr respectively towards each other. They meet after 20 minutes. How far (in km) were they from each other when they started?

A) 60 B) 45
C) 30 D) 15
 
Answer & Explanation Answer: B) 45

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Filed Under: Time and Distance - Quantitative Aptitude - Arithmetic Ability
Exam Prep: Bank Exams

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Q:

If a boat goes upstream at a speed of 24 km/hr and comes back the same distance at 40 km/hr. What is the average speed (in km/hr) for the total journey.

A) 32 B) 30
C) 31 D) 33
 
Answer & Explanation Answer: B) 30

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Filed Under: Boats and Streams - Quantitative Aptitude - Arithmetic Ability
Exam Prep: Bank Exams

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Q:

A plane flies a distance of 1800 km in 5 hours. What is its average speed in meters/second?

A) 200 B) 10
C) 20 D) 100
 
Answer & Explanation Answer: D) 100

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Filed Under: Time and Distance - Quantitative Aptitude - Arithmetic Ability
Exam Prep: Bank Exams

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